Aug 07 2014

Dave’s Weekly Market Report

Good Afternoon to all:

Eggs:

The egg market is still weak. Retail demand is only fair and there is an over abundant supply of the large and extra large eggs. I think we will see more next week!

Butter:

The market seems to have stabilized this week. It dropped .04 last Friday and has been stable since then. After the last few weeks I am not sure what will happen!

Cheese:

The cheese market is on the way up again. It has been strong all week ending up with double digit increases. There has been a lot of trading at the CME this week. I feel we will see more next week then it might level off for a short while. If the trend continues, within a couple weeks it will begin to drop again! As always I must state that these are only my opinions and observations of the markets and I can guarantee no results.
Everyone at Honor Foods thanks you for your continued business and wish all of you a safe and relaxing August weekend.